Australia releases November inflation data, potentially paving the way for a rate cut in February.

The economic calendar for 2025 kicks off with the release of November's inflation numbers, which economists hope will show a lower consumer price index (CPI) to support a potential interest rate cut by the Reserve Bank of Australia in February. Retail sales figures, likely boosted by Black Friday sales, and other data including job vacancies and household spending indicators will also be released. The Australian stock market is expected to open stronger, following gains on Wall Street amid expectations of US interest rate cuts.

3 months ago
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